|House approves foreclosure protection bill||| Print ||
|Tuesday, March 06, 2012|
Oregon lawmakers reached a last minute deal on protections for homeowners facing foreclosure.
The House approved Senate Bill 1552 by a 59-1 vote late Monday as the Legislature approached adjournment. It will require lenders to meet with borrowers in mediation if the borrower requests it, and it will end the "dual track" practice of foreclosing while negotiating a loan modification.
The mediation requirement gives homeowners the chance to plead their case with their lender and a third party face to face.
"That's going to make a world of difference for a lot of homeowners," said House Democratic Leader Tina Kotek of Portland. "Some might still get foreclosed upon, but they will at least get to sit down and talk with their lender."
Read more at OregonLive.com.
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Oregon Business magazine's 5th annual
100 Best Green Companies to Work For in Oregon
Wednesday, May 29, 2013
From Oregon Translational Research and Development Institute: OTRADI today announced its plans to open and operate a 13,000 square-foot multi-tenant bioscience complex in the Willamette Wharf building at 4640 SW Macadam Avenue. Slated to be complete in spring 2013, the OTRADI Bioscience Incubator (OBI) will house up to six companies.
MEDIAmerica, publisher of Oregon Business and Oregon Home magazines, announces a new retail website: HalfOffOregon.com. The website offers lodging, dining, recreation and many other items at half off their regular cost.
As you probably know by now, The Vernon Company is a national leader in the promotional products industry with annual sales of over $60 million. We are a family owned business, led by the fourth generation of the Vernon family.